Workstage RE Named NREI - CoreNet Global Readers Choice Award Winner

National Real Estate Investor magazine and CoreNet Global are pleased to announce Workstage RE (real estate) as the winner of their first joint Readers Choice Award. Award voting was hosted on the National Real Estate Investor Web site and served as an extension of the 2008 CoreNet Global H. Bruce Russell Innovator’s Awards.

Workstage RE is a Web-based tool that uses data developed over many years including information collected by Workstage and its partners, in addition to more current facts from the U.S. Departments of Energy and Labor, and other sources.

The Workstage RE program updated antiquated approaches to analyzing the data. The new approach gauged the effect of real estate decisions, including the implementation of sustainable environmental practices, on workers and job candidates. Workstage RE, whose patent is pending, also allowed companies to identify business drivers and analyze the impact of real estate decisions by using multiple scenarios.

The Workstage RE team was selected from a group of 10 award finalists whose cases were posted on www.nreinonline.com from September 10 through November 30, 2008. The group of finalists presented their cases to a panel of judges at Harvard University on August 7 and 8 for consideration for the CoreNet Global H. Bruce Russell Innovator’s Awards.

CoreNet Global members manage $1.2 trillion in worldwide corporate assets consisting of owned and leased office, industrial and other space. With 7,000 members representing large corporations around the world, CoreNet Global (www.corenetglobal.org) operates in five global regions: Asia, Australia, Europe, Latin America and North America, including Canada. Visit www.corenetglobal.org for more information.